Pollard Banknote Secures Contract with Norsk Tipping for Digital Flax Games

Pollard Banknote ( (TSE:PBL) ) has provided an announcement.

Pollard Banknote has secured a new contract with Norsk Tipping, Norway’s national lottery, to supply digital versions of its Flax instant tickets. This contract, which extends their partnership, highlights Pollard Banknote’s role in enhancing Norsk Tipping’s digital game offerings, contributing to responsible gaming and maximizing returns for good causes.

Spark’s Take on TSE:PBL Stock

According to Spark, TipRanks’ AI Analyst, TSE:PBL is a Outperform.

Pollard Banknote’s overall stock score reflects its solid financial performance and growth potential, as evidenced by record sales and efficient cost management. However, technical analysis indicates current market challenges with bearish trends and oversold conditions. Valuation remains fair, but risks from manufacturing issues and increased costs could impact future performance.

To see Spark’s full report on TSE:PBL stock, click here.

More about Pollard Banknote

Pollard Banknote is a leading lottery partner to over 60 lotteries globally, offering high-quality instant ticket products, licensed games, and digital solutions. The company is known for its innovative approaches in player engagement and sales maximization, providing products like pull-tab tickets, bingo paper, and electronic gaming devices. Established in 1907, it is publicly traded on the Toronto Stock Exchange and is primarily owned by the Pollard family.

YTD Price Performance: -24.31%

Average Trading Volume: 16,729

Technical Sentiment Signal: Buy

Current Market Cap: C$490.5M

See more data about PBL stock on TipRanks’ Stock Analysis page.